Economics blog + FTSE | The Guardianhttps://www.theguardian.com/business/economics-blog+ftse
Indexen-gbGuardian News and Media Limited or its affiliated companies. All rights reserved. 2017Fri, 18 Aug 2017 04:18:37 GMT2017-08-18T04:18:37Zen-gbGuardian News and Media Limited or its affiliated companies. All rights reserved. 2017The Guardianhttps://assets.guim.co.uk/images/guardian-logo-rss.c45beb1bafa34b347ac333af2e6fe23f.pnghttps://www.theguardian.com
Market turmoil: Osborne said all the right things, but relief will be temporaryhttps://www.theguardian.com/politics/2016/jun/27/market-turmoil-osborne-said-all-the-right-things-but-relief-will-be-temporary
<p>Of course the chancellor had to row back on his dire pre-referendum warnings, but – for households, businesses and investors – we are in uncharted territory</p><p>George Osborne had one job to do on Monday morning: calm panicking financial markets after Britain’s momentous vote to leave the EU last week.</p><p>With the pound falling sharply again overnight, it was a tall order, especially for the man who just days ago was spearheading “project fear”.</p><p> <span>Related: </span><a href="https://www.theguardian.com/business/live/2016/jun/27/pound-shares-markets-brexit-crisis-osborne-lew-business-live">Pound hit again by Brexit crisis – business live</a> </p> <a href="https://www.theguardian.com/politics/2016/jun/27/market-turmoil-osborne-said-all-the-right-things-but-relief-will-be-temporary">Continue reading...</a>BrexitBusinessEconomicsFTSEStock marketsSterlingCurrenciesEuropean UnionEuropeMon, 27 Jun 2016 07:59:55 GMThttp://www.theguardian.com/politics/2016/jun/27/market-turmoil-osborne-said-all-the-right-things-but-relief-will-be-temporaryPhotograph: WPA Pool/Getty ImagesPhotograph: WPA Pool/Getty ImagesKatie Allen2016-06-27T07:59:55ZAre stock markets stupid?https://www.theguardian.com/business/economics-blog/2012/feb/13/are-stock-markets-stupid-eurozone-crisis
The crisis on the eurozone has not stopped the FTSE, Cac and Dax climbing for most of the past three months<p>Throughout the last three months of Greece-induced turmoil, stock markets have kept climbing. After a dip below 5000 in October and a relapse in November, the FTSE 100 has pushed its way to just below 6000. On Monday, at midday, it stood at 5910. The Paris Cac and German Dax, have followed a similar upwards, albeit volatile, path.</p><p>How can the markets have failed to notice that the future of the eurozone stood on a knife edge? Were they wantonly blind or stupid? As is so often the case in the closed world of stock and bond markets, they were neither.</p> <a href="https://www.theguardian.com/business/economics-blog/2012/feb/13/are-stock-markets-stupid-eurozone-crisis">Continue reading...</a>Eurozone crisisBusinessWorld newsEuropean UnionEconomicsFinancial crisisEuroStock marketsFTSEMon, 13 Feb 2012 13:50:51 GMThttp://www.theguardian.com/business/economics-blog/2012/feb/13/are-stock-markets-stupid-eurozone-crisisPhotograph: John Macdougall/AFP/Getty ImagesProtesters dressed as German chancellor Angela Merkel and French president Nicolas Sarkozy. Investors seem to believe Merkozy is unstoppable. Photograph: John Macdougall/AFP/Getty ImagesPhotograph: John Macdougall/AFP/Getty ImagesProtesters dressed as German chancellor Angela Merkel and French president Nicolas Sarkozy. Investors seem to believe Merkozy is unstoppable. Photograph: John Macdougall/AFP/Getty ImagesPhillip Inman, economics correspondent2012-02-13T13:50:51Z